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Lawmakers Agree On $41 Billion Spending Plan

In this photo taken Feb. 10, 2011, the 2012 budget is on display at the U.S. Government Printing Office at Washington. President Barack Obama Obama will send his 2012 budget proposal to Congress on Monday, Feb. 14. According to an Office of Management and Budget summary obtained by The Associated Press, the administration will propose more than $1 trillion in deficit reduction over the next decade with two-thirds of that amount coming from spending cuts.

(AP Photo/Jacquelyn Martin)

ATLANTA (AP/WAOK) – House and Senate leaders have settled on a roughly $41 billion state operating budget comprised of state and federal money for the next fiscal year.

The two chambers will formally adopt the proposal later today, sending the document to Gov. Nathan Deal on the session’s final day. The Senate and House budget chairmen say all sides agreed to the details after midnight.

The final version looks a lot like what Deal pitched in January. The budget largely spares K-12 education from budget cuts, while many state agencies will see slight cuts. The pre-kindergarten school year will be expanded, as will HOPE grants for technical college students.